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yulyashka [42]
2 years ago
11

Teenage workers are assumed to have ________ labor supply, therefore a 5% increase in wage would result in ________ percentage c

hange in quantity of labor supplied.
Business
1 answer:
natali 33 [55]2 years ago
5 0
Teenage workers are assumed to have ELASTIC labor supply, therefor a 5% increase in wage would result in GREATER percentage change in quantity of labor supplied.
let me know if you have any further questions
:)
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The complete question is shown below:
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